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CUPID BREWERIES AND DISTILLERI

Fast Moving Consumer Goods › Beverages
₹24.17
at close · 6 Nov 2026
▼ 0.23 (-0.94%)

Latest filings

  1. Cupid Breweries Q2 FY27: Losses continue with zero operating revenue · Compliance
  2. Q2 FY27 results: Zero revenue, consolidated H1 loss Rs 237.61 lakh · Results
  3. Q2 FY27 results approved; associate to begin commercial operations · Results
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures and plans to manufacture alcoholic beverages in India across three categories — Indian-made foreign liquor (IMFL/IML), beer, and craft/micro-brewery products — through a network of subsidiaries. As of FY26 and Q1 FY27, the company reported zero revenue from operations, with standalone revenue limited to Rs. 0.20 lakh of other income for the full year, and a standalone net loss of Rs. 44.63 lakh and consolidated net loss of Rs. 367.14 lakh. The group is in a pre-revenue scaling-up phase: it signed an agreement in June 2026 to buy an operational alco-beverage manufacturing unit at Gopalpur, Odisha from United Spirits Limited (a Diageo Group company) for Rs. 22.50 Crores, with installed capacity of approximately 2,50,000 cases per month. Its stated group-level licensed production pipeline targets approximately 8.40 million cases of IMFL/IML, 1.50 million cases of beer, and 1.09 million litres of craft/micro-brewery output. The company has 11 subsidiaries including step-down entities, raised capital via a March 2026 preferential allotment of 3,93,60,307 equity shares taking paid-up capital to Rs. 91.34 Crores, and engaged JLL for further fundraising.

Operating scale
Gopalpur unit acquired capacity
approximately 2,50,000 cases per monthFY26
Group licensed IMFL/IML capacity
approximately 8.40 million casesFY26
Group licensed Beer capacity
approximately 1.50 million casesFY26
Group licensed Craft/Micro Brewery capacity
approximately 1.09 million litresFY26
Gopalpur acquisition consideration
Rs. 22.50 CroresFY26
Subsidiaries (incl. step-down)
11FY26
Who pays it
End consumers of alcoholic beverages in India, distributed through state excise-licensed channels tied to the acquired and licensed units.
Kind of business
Pre-revenue, scaling-stage alco-beverages manufacturer with no operating revenue and accumulated losses.
Where it sits
BSE-listed small-cap alco-beverages group acquiring its first operating manufacturing unit (from United Spirits Limited) and building licensed capacity across IMFL, beer and craft/micro-brewery segments.
Market Cap
₹221 Cr
P / E (TTM)
—
EV / EBITDA
—
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
-0.4%·
ROCE (FY26)
ROE -0.5% · margin —
Leverage
0.04·
Debt / Equity · low
Net debt ₹27 Cr
Moves on a normal day
3.26%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 25 Breweries & Distilleries peersBar = share of peers beaten · tick = industry median · latest reported figures
P/B#1/25
ROCE#19/25
ROE#17/24
Debt / Equity#3/25
Profit growth#6/24

Scorecard

Measured from the filed financials, judged against its Breweries & Distilleries peers · as of FY26 — not investment advice

Strengths
Debt at 0.04× equity
lower than 92% of its 25 Breweries & Distilleries peers
Concerns
Negative returns on capital — −0.4%
#19 of 25 in Breweries & Distilleries on the latest reported figures

Charts

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Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from CUPID BREWERIES AND DISTILLERI's filed financials and exchange disclosures

What does CUPID BREWERIES AND DISTILLERI do?

CUPID BREWERIES AND DISTILLERI is a Beverages company listed on BSE.

Is CUPID BREWERIES AND DISTILLERI profitable?

No. Over the trailing twelve months CUPID BREWERIES AND DISTILLERI reported a net loss of ₹3.26 Cr with no revenue reported.

Does CUPID BREWERIES AND DISTILLERI pay a dividend?

Not in the latest reported year — CUPID BREWERIES AND DISTILLERI's dividend payout for FY26 was nil.

Is CUPID BREWERIES AND DISTILLERI debt-free?

No. It reported borrowings of ₹27 Cr on its 30 Sept 2026 balance sheet, or net debt of ₹27 Cr after cash. Debt stands at 0.04× equity. That is lower than 92% of its 25 Breweries & Distilleries peers.

How much does the CUPID BREWERIES AND DISTILLERI share price move in a day?

On a typical session CUPID BREWERIES AND DISTILLERI moves 3.26% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track CUPID BREWERIES AND DISTILLERI's announcements?

Every NSE and BSE filing by CUPID BREWERIES AND DISTILLERI appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.